United Microelectronics Corporation reported consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, the company reported net operating revenues of TWD 38,306 million compared to TWD 33,849 million a year ago. Operating income of TWD 2,276 million compared to TWD 1,880 million a year ago. Income from continuing operations before income tax of TWD 1,066 million compared to TWD 2,786 million a year ago. Net income attributable to stockholders of the parent of TWD 2,548 million or TWD 0.21 per basic share compared to TWD 3,160 million or TWD 0.25 per basic share. The company reported Capex spending of USD 689 million.

For the year, the company reported net operating revenues of TWD 147,870 million compared to TWD 144,830 million. Operating income was TWD 6,194 million compared to TWD 10,836 million. Income from continuing operations before income tax was TWD 4,847 million. Net income attributable to stockholders of the parent of TWD 8,316 million or TWD 0.68 per basic share compared to TWD 13,449 million or TWD 1.08 per share. Net cash provided by operating activities was TWD 46,450 million and acquisition of property, plant and equipment was of TWD 91,561 million and acquisition of intangible assets was of TWD 1,554 million. The company reported capital expenditure of USD 2.8 billion.

The company expects capital expenditure for foundry segment of USD 2.0 billion for the year 2017.